During the 3rd quarter of 2021, real estate activity in Wrentham saw increases in total sales volume and a decrease in average sales price.
There was a 7% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Wrentham during the 3rd quarter 2021. 1,043 land documents were recorded versus 975 during the 3rd quarter 2020.
The total volume of real estate sales in Wrentham during the 3rd quarter 2021 was $52,410,015, a 41% increase from the same time period in 2020. Also, the average sale price of homes and commercial property increased 8% in Wrentham. The average sale price was $588,876.
The number of mortgages recorded (264) on Wrentham properties during the 3rd quarter 2021 was down 5% from the previous year. However, total mortgage indebtedness was $104,101,982, up 21% from the 3rd quarter 2020.
There were 0 foreclosure deeds filed against Wrentham properties during the 3rd quarter 2021 compared to 0 foreclosure deed filed during the 3rd quarter 2020.
Finally, homestead activity in Wrentham increased 5% during the 3rd quarter 2021 with 83 homesteads filed, compared to 79 filed during the same time period in 2020.